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Suppose you invest in an account that pays 5% interest, compounded quarterly. You would like your investment to grow to $5000 in 16 years. How
Suppose you invest in an account that pays 5% interest, compounded quarterly. You would like your investment to grow to $5000 in 16 years. How much would you have to invest in order for this to happen?
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The Ascendancy Of Finance
Authors: Joseph Vogl, Simon Garnett
1st Edition
1509509305, 978-1509509300
